South Dakota Security Deposit Laws

South Dakota Security Deposit Limit

The equivalent of one month’s rent may be collected as security. Special circumstances requiring a higher deposit may be permissible if it’s clear that there is an increased risk for damage to the premises.

Deadline for Returning Security Deposit

The landlord must return the deposit within two weeks and tell the tenant the reasons for any deductions. The tenant may request a written accounting of the deductions. If so, the landlord must furnish an itemized statement within 45 days of the tenant moving out.